] E1 Learning Materials: Managing Finance in a Digital World - E1 Actual Lab Questions

CIMA Managing Finance in a Digital World : E1

  • Exam Code: E1
  • Exam Name: Managing Finance in a Digital World
  • Updated: May 29, 2026
  • Q & A: 335 Questions and Answers

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CIMA Managing Finance in a Digital World Sample Questions:

1. X Company has several distinctive corporate social responsibility stances including a concentration on the triple bottom line, being proactive, and treating stakeholders as partners. According to Johnson, Whittington and Schools' categorization which of the following stances would best fit X?

A) Laissez-faire
B) Forum for stakeholder interaction
C) Enlightened self-interest
D) Shaper of society


2. Which of the following is an example of a formal relationship in which two organisations legally contract to co-operate in defined ways to achieve specific commercial objectives?

A) Shared Service Centre
B) Strategic Alliance
C) Merger
D) Outsourcing


3. L and M are setting up a business offering guided hiking holidays in national parks throughout the world. The price of the holidays will include airfares and accommodation; their initial research shows that there will be a huge variability in the cost of both.
What type of pricing will be appropriate for their holidays?

A) Skim pricing
B) Price discrimination
C) Loss leader pricing
D) Penetration pricing


4. When testing an information system before it goes live, using contrived testing will present the system with which type of data and transactions?

A) Realistic data and transactions
B) Large volumes of data and transactions
C) Unusual and unexpected data and transactions
D) Routine mix of data and transactions


5. Company Y is a new business that prides itself on being green and ethical. It uses renewable energy to run its factories, abides by all the rules and regulations and regularly donates money to sustainable development charities around the world, despite occasionally being unable to fully pay its workers.
Why is Company Y in violation of Carroll's CSR pyramid?

A) Because using renewable energy to run factories generally isn't advised as it can be unreliable.
B) It is not in violation of Carroll's pyramid.
C) Because it is not profitable.
D) Because it should be donating to charities based in their own country.
E) Because it is breaking the law by using renewable energy only to run its factories.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B
Question # 3
Answer: A
Question # 4
Answer: C
Question # 5
Answer: C

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